23-09-2016 04:03 via uk.news.yahoo.com

Oil dips on technical selling after two days of strong rises

By Henning Gloystein SINGAPORE (Reuters) - Oil prices eased on Friday, pulled down by a technical sell-off following two sessions of strong rises and on caution ahead of a gathering of OPEC ministers next week in Algeria to discuss possible production cooperation to rein in global oversupply. U.S. West Texas Intermediate (WTI) crude oil futures were trading at $45.80 per barrel at 0151 GMT, down 52 cents, or 1.12 percent, from their previous close. International Brent crude oil futures were down
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